Beam is a payments platform that integrates stablecoin and fiat transactions, enabling businesses to reduce processing times and fees while minimizing currency volatility. By providing a no-code dashboard and customizable API, Beam facilitates fast, secure money transfers across traditional and blockchain networks.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional payment systems often involve high processing fees, slow transaction times, and exposure to currency volatility, especially for businesses operating across borders. Integrating stablecoins and fiat currencies can be complex, requiring significant technical expertise and compliance infrastructure.
Solution
Beam provides a payments platform that streamlines stablecoin and fiat transactions, enabling businesses to reduce processing times and fees while minimizing currency volatility. The platform offers a no-code dashboard (Hub) for managing payments and a customizable API for building automated transaction workflows. Beam facilitates fast and secure money transfers across traditional and blockchain networks, offering comprehensive payment network access, including RTP, FedNow, Push-to-Card, Standard or Same-Day ACH, and Wire. The platform handles KYC/KYB, AML, and transaction risk monitoring, ensuring regulatory adherence.
Target Audience
The primary target audience includes PSPs, fintechs, banks, enterprise wallets, remittance platforms, FX platforms, corporates, and onchain banks seeking to modernize their payment infrastructure and reduce transaction costs.
Features
- No-code dashboard (Hub) for managing payment processing
- Payments API for customizable transaction workflows between stablecoins and fiat
- Support for various payment rails, including RTP, FedNow, Push-to-Card, Standard or Same-Day ACH, and Wire
- Automated KYC/KYB, AML, and transaction risk monitoring
- Stablecoin-powered payments to bypass traditional banking delays and costs
- Integration with fully-licensed US-based custodians and an OCC-chartered bank
- SOC 2 Type II compliance for data protection and operational integrity